Best 5 Solar Companies in Grand Junction, CO

How To Choose the Best Solar Company in Grand Junction

The more comprehensive your company investigation is, the better your solar installation will ultimately perform. Consider each of these aspects in your business search.

Licensing and Training

While electricians and plumbers in Colorado have state-issued licenses from the Colorado Electrical Board or Colorado State Plumbing Board, it's up to counties and cities to issue their own solar professional if they choose. Solar companies can also pursue accreditations from standards organizations and trade groups. The top ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Grand Junction

Your solar modules' type will influence how much electricity you can generate. Monocrystalline panels are among the highest quality and perform the best but cost the most. Polycrystalline panels generate less, but they're a great traditional option for low budgets. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.

You can also add battery backups and electric vehicle (EV) chargers. These will increase your total installation cost, but they can boost your solar system's performance. Not all solar contractors provide these optional components, so look for a provider that sells them if it's a priority for you.

Generally speaking, it costs about $19,900 for a five-kilowatt solar array in Grand Junction. This table shows more specific pricing information for different solar panel types and system components in your area.

Financing Solar Energy in Grand Junction

There are various ways to pay for new solar panels, and the right one will reduce your expenses. A few of the most common options include loans, leases, cash payments, and power purchase agreements (PPAs). Most solar experts recommend paying cash or using a solar loan. Cash payments demand a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Much like a car or home loan, you'll pay a set monthly rate with potentially $0 down. Solar leases allow you to pay a monthly rate to rent your panels, while a power purchase agreement lets you pay a variable rate based on only the energy you use. We generally don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be suitable in particular circumstances. Ask each provider you're evaluating about the payment options it offers. A representative can help you determine the optimal option for your budget.

The table below lists the average payback periods for different capacities of solar systems in Grand Junction.

You can claim a 26% federal solar tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, utilities and local governments may have their own financing plans and rebates that could reduce your total cost even more.